Trainee Broker (Crude market)

The role of the Trainee Broker encompasses support for the broker desk during the daily trading cycle, back-up for broker confirmations, and assisting the office manager as needed in daily tasks. Training will be provided. LINK CRUDE/LINK FUTURES • Compile analysis of prior day’s trading volumes and enter data into corresponding spreadsheets o Domestic Canadian and Rockies internal market recaps • Update and maintain Wallboard market information o Marketview, Posting Plus • Learn and utilize the Bloomberg terminal and Link page • Keep public folder Contacts up to date • Generate ranking reports and revenue reports weekly • Execute relevant reports for both internal use and client submission o Link Daily Report- enter trades and generate report o Forward Curve-enter values and generate each report daily o Canadian Report- enter values and generate report • Assist brokers in writing up daily transactions as they occur in real time o Pointer ▪ Drafting deal sheet ▪ Distribute completed deals sheets to brokers. ▪ Distribute broker approved deal sheets to Access Confirmer ▪ Deal Sheet Revisions ▪ Redistribution of recaps between brokers o Inputting deals in E-Confirm Compare entries with Access, recaps and deal sheets ▪ Respond to client inquires ▪ Investigate and correct unmatched trades ▪ Create E-Confirm Transaction approval report. o Recorder ▪ Log all deals in deal book. ▪ Deal book revisions. ▪ Send reportable trades to teams for broker approval ▪ Report trades to Argus • Check Daily transaction reports for accuracy o Highlight anomalies and bring to broker desk attention • Update daily volumes and Link percentage of physical and financial market o Develop monthly and annual comparison tables for reference • Input and save all Argus data for relevant analyses o Develop relevant market analyses as needed o Have a working knowledge of Excel for charting/data presentation • Clear trades as needed through relevant exchange portals • Enter customer transactions into E-Confirm platforms as needed • Answer phones throughout the day as needed. • Maintain up to date market information throughout the day o Understand parties and current markets • Understand and assist the Confirmations position as needed o E-Confirm, Trade Recaps, Broker Web o Backup for this position in the event of emergency • Develop understanding of the role of a Broker in the domestic crude market o Crude Oil pricing and Infrastructure o Market movement and trends o Clients and company relationships • Earn Series 3 License • Earn Series 30 License o Ensure Brokers timely administration and completion of broker compliance testing. o Ensure accurate record keeping and documentation for all Exchange traded products Link Data Services • Generate, assist with and send out Link Crude Daily Report, End of Day and Canadian Report. • Updating settlement prices for Forward curve • Manage distribution lists for all LDS reports.